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Posted on 15 Apr 2011 | 5,699 views
Millionaires and Taxes Before the 1929 Crash

The 1920s were fueled by “Easy Money” and was experiencing “Boom Times” like never before because the post-war recession was forgotten as everyone went on a spending spree. The “Introduction of Credit” in the 1920s, and not savings, enabled consumers to boost corporate profits to new levels.